Environmental Awareness, Government Subsidies, and Innovative Connected Features Drive Demand Among Commuters and Leisure Riders
Demand for electric bikes (e-bikes) is growing as a result of consumer desire for more sustainable transportation modes, connected services, and convenience. Logistics providers also consider e-bikes a viable, efficient alternative to traditional delivery vans and trucks for last-mile delivery. The ability of e-bikes to navigate densely populated urban environments, minimize carbon emissions, and shorten delivery times are critical factors for its rapid expansion in the industry.
E-bikes are software-defined platforms creating new opportunities for connected services. Similar to larger electric motorcycles, e-bikes feature innovative embedded telematics solutions to support remote diagnosis and 24x7 services. Due to their small footprint and usage patterns, data aggregators target e-bikes as data collection platforms.
This report focuses on the e-bike and e-cargo bike segments. E-bikes are categorized under the L1e-A category of vehicles. They are classified as pedal electric cycles (pedelecs) with a top speed of 25 kmph, 45 kmph for speed pedelecs, and motor power output of between 250 W and 750 W. E-cargo bikes are categorized under the L1e-A category of vehicles. They are designed to carry cargo, such as parcels, pets, and people. E-cargo bikes are classified as pedelecs with a top speed of up to 25 kmph, 200 kg payload, and power output between 250 W and 1 kW.
The report profiles leading e-bike industry participants, including OEMs and motor manufacturers, across Asia, North America, and Europe. Each company profile outlines the primary business model, go-to-market strategy, and key fiscal performance highlights. The study also examines notable industry partnerships and developments influencing the e-bike market landscape. It also discusses growth drivers, challenges, and viable opportunities for e-bike OEMs in the coming years.
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Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AIMA Tech
- Bosch
- Brompton Bikes
- Brose
- Cannondale Bikes
- Corratec Bikes
- Gazelle Bikes
- Giant Bicycles
- Haibike
- Merida Bikes
- Moustache Bikes
- Panasonic Bicycles
- Rad Power Bikes
- Shimano
- Specialized Bicycles
- Tern Bicycles
- Trek Bikes
- Yadea
- Yamaha Bicycles
